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Cray reports $54.5 million loss, plans layoff in Chippewa Falls

Large backorders and new product pipeline provide positive outlook

CHIPPEWA FALLS, Wis. Supercomputer manufacturer Cray Inc. plans to lay off workers at its Chippewa Falls plant in reaction to a second-quarter loss. However, the company has a recorded a significant increased order backlog of $126 million, an increase from its projections of $51 million and up from $75 million in t......

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Source:wistechnology.com By Kristin V. Johnson and Mike Klein 08/02/04


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TAG: Cray reports million loss plans layoff Chippewa Falls

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